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Climate Central
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- 1Bank of Japan expands climate lending amid green mandate debate●BOJ ups climate loans as debate swirls on how green central banks should be
The Bank of Japan has increased its lending programme supporting climate action, offering funds to banks that finance green initiatives. The move lands amid an ongoing debate over how far central banks should go in promoting environmental goals, with critics arguing climate policy is beyond monetary authorities' remit while supporters see it as a financial stability issue.